Percentage Increase definition

Percentage Increase means the percentage equal to the fraction, the numerator of which shall be the Index in the Comparative Month less the Base Index, and the denominator of which shall be the Base Index.
Percentage Increase means the percentage equal to the fraction, the numerator of which shall be the Current Index less the Base Index, and the denominator which shall be the Base Index. If the Current Index shall exceed the Base Index, then the annual rent payable for the ensuing lease year shall be increased be an amount equal to the "Percentage Increase" multiplied by $149,710.50. As soon a practicable after the end of the second lease year during the term of this Lease, Lessor shall send Lessee an index comparative statement setting forth the Current Index, the Base Index, the Percentage Increase, and the increase in the annual rent. On the fifth day of the calendar month ("Current Month") following the month in which the index comparative statement was sent, Lessee shall pay to Lessor (i) a sum equal to 1/12th of such increase in the base annual rent multiplied by the number of calendar months of the new lease year elapsed, and (ii) thereafter. commencing with the Current Month, and continuing monthly thereafter, the monthly installments shall be increased by an amount equal to 1/12th of such increase. In no event shall the rent charged be greater than $158,693.13 per year.
Percentage Increase means the percentage equal to the fraction, the numerator of which shall be the Index at the Anniversary less the Base Index, and the denominator of which shall be the Base Index; provided, however that the Percentage Increase for each one-year period between each Anniversary shall be not less than one percent (1%) nor shall it exceed two percent (2%); and provided, further that the Percentage Increase for each five-year period between Anniversaries shall not exceed ten percent (10%).

Examples of Percentage Increase in a sentence

  • Then, divide (a) the Monthly Premium Rate Percentage Increase Factor derived in Step ii by (b) the Baseline Risk Factor, to determine the "Monthly Premium Rate Percentage Increase".

  • Annual Percentage Increase in Average Expenditures for Part D Drugs per Eligible Beneficiary (API)For contract years 2007 and 2008, the APIs, as defined in section 1860D-2(b)(6) of the Act, were based on the National Health Expenditure (NHE) prescription drug per capita estimates because sufficient Part D program data was not available.

  • Annual Percentage Increase in Consumer Price Index, All Urban Consumers (all items, U.S. city average) Section 1860D-14(a)(4) of the Social Security Act specifies that the annual percentage increase in the CPI, All Urban Consumers (all items, U.S. city average) as of September of the previous year is used to update the maximum copayments below the out-of-pocket threshold for full benefit dual eligible enrollees with incomes that do not exceed 100% of the Federal poverty line.

  • In the future, counter-ions effects have to be considered as important parameter for the design of new cyanine dyes or new cyanine-based applications.

  • Item NumberSpecified Percentage Increase per annum Unless specifically agreed to the contrary the provisions of the Clause shall only apply to the sums insured in force at the commencement of each period of insurance.


More Definitions of Percentage Increase

Percentage Increase means the 3 yearly moving average quarterly percentage increase in the PPI and “PPI” means:
Percentage Increase means the percentage by which the amount of a legal representative’s fee can be increased in accordance with a conditional fee agree- ment which provides for a success fee;
Percentage Increase means such percentage equal to the fraction, the numerator of which shall be the Index for the immediately preceding December less the Index for the second preceding December, and the denominator of which shall be the Index for the second preceding December.
Percentage Increase is defined in Section 5.6(b).
Percentage Increase has the meaning specified in Section 8.06(a).
Percentage Increase for each Escalation Date shall mean the increase in the Index (expressed as a percentage) during the 12-month period immediately preceding the Comparative Month.
Percentage Increase means the percentage equal to a fraction, the numerator of which shall be the change in the Index from March of the year prior to the adjustment year to March of the year in which the adjustment will take place. The fraction’s denominator shall be the Index for March of the year prior to the adjustment year. In no event shall the Base Rent decrease. For illustration purposes only, the adjustment shall be calculated as follows: Base Rent + [Base Rent (percentage of CPI Increase + 1%)] = New Rent Assuming that Base Rent is $1,814, CPI for March 2019 is 250, and CPI for March 2020 is 260, then: New Rent = $1,814 + [$1,814 (10/250 + 1%)] = $1,814 + ($1,814)(0.05) = $1,905.